Buy NZD/USD – 1H – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline up.

A bullish movement up to the next resistance line at 0.59793 is certain.

Caution: A possible reversal of the trend in the direction of support at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Die Kombination New Zealand Dollar/US Dollar (NZD/USD) bricht durch die absteigende Trendlinie nach oben.

Eine bullige Bewegung nach oben zum nächsten Widerstand bei 0.59793 wird fortlaufen.

Vorsicht: Eine Trendumkehr in Richtung des Unterstützungslevels bei ist auch möglich.
Bitte im Fall eines Trades entsprechend Stop-Loss Einstellungen vornehmen.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.59987264 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.59793 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High
2nd High 0.60312
Next High 0.59793
Current Price 0.59639
Next Low
2nd Low
3rd Low

0.59793 – 0.60312 – 0.59675 – 0.59235 – 0.58936 – 0.58938

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